By Allison Prang

Shares of Walgreens Boots Alliance Inc. (WBA) fell 6% Wednesday morning after the company reported first-quarter earnings.

The company missed analysts' estimates for both sales and adjusted earnings. Walgreens reported adjusted earnings of $1.37 a share and sales of $34.34 billion. Analysts polled by FactSet were expecting $1.41 a share and $34.58 billion of sales.

Walgreens also affirmed its adjusted earnings guidance for the fiscal year.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

January 08, 2020 10:04 ET (15:04 GMT)

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